The Augusta daily herald. (Augusta, Ga.) 1908-1914, March 31, 1913, Image 1

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THE AUGUSTA DAILY HERALD VOLUME XVIII. No. 90. I. P. MORGAN DIED AT NOON IN ROME ■. V' Money King of World Passes Away After Rallying From Serious Attacks In N. Y. and Egypt Known Only to Most Inti mate Friends. For First Time In Financial Career of Gigantic Propor tions Had Recently Severed All Connection With His Bus iness Affairs. No Excitement In Stock Mar ket Upon News of Death. Prepared For It by Recurrent Rumors. At Height of Career Said to Have Controlled Nine Billions of Dollars. New York—J. Pierpont Morgan ia dead. He died at 12:05 Rome time. This announcement by the of fices of J. P. Morgan & Co., today. Henry P. Davison, a member of the house of Morgan, made the announce ment. He said merely that he had received a cable that the financier had passed away shortly after noon. Mr. Davison had planned to go abroad some time this week, but it Is thought possible that this trip will be postponed. SERIOUS ATTACKS Coincident with Mr. Morgan’s death it became known that he had sustained a serious attack before his departure for Europe but had rallied so rapidly that it was not considered a forerunner to fatal illness, and was known only to his mo3t intimate friends. For many years Mr. Morgan spent a considerable portion of his time abroad, but on this trip for the first time he severed all connection with business affairs and permitted his partners to shoulder all responsibil ity for their conduct. • It was the first instance of his taking such a complete rest since he entered the banhh in this city before the Wil War. MARKET PREPARED Prominent bankers in this city said this morning that they did not pre dict any decided unfavorable effects on the stock market by reason of Mr. Morgan’s death. The reason of this, they explained, was that the recur rent rumors of his serious illness had prepared the market for any possi bility and enabled those engaged in market operations to prepare for such a situation. STATEMENT LATER "Please don’t speak to me now,” was the request of J. P. Morgan Jr. now J. P. Morgan— to the small army of newspaper men who greet ed him when he left his home in Madison avenue this morning. Mr. Morgan was bound for the home of his mother, a few doors away. Before he entered her door, however, he added: “Two cablegrams have been re ceived from Rome. One was receiv ed at 8:15 and the other at 8:30. They have not yet been translated. A statement will be given out later at the offices of J. P. Morgan & Co. MISSOURI LEGISLATURE PASSES COMMISSION GOVERNMENT PERMIT. Towns Between Three Thou sand and Thirty Thousand Can Adopt New Rule by Elec tion. Provides for Initiative, Referendum and Recall. Jefferson City—Forty five Mis souri cities now may adopt com mission government as soon as Governor Major signs the Hodge don House Bill which'fhe senate passed today. There was not a dissenting vote itN the senate. The bill is one of the most pro gressive measures the legislature has adopted. A Majority Can Adopt ic. There was an emergency clause attached to the bill so that as goon as it is signed by Governor Major it becomes effective. The bill provides that when 25 per oent of the voters petition for an election to decide whether the new rule shall be adopted or not, the mayor shall call an election. A majority of the votes cast at (continued on page two.) Page Ambassador To Great Britain WASHINGTON.—WaIter H. Page, of Garden City, L. 1., editor of the World’s Work and member of the firm of Doubleday, Page & Company, publishers, ha# accepted Pres ident Wilson’s offer to be am bassador to Great Britain. mm ns in STATE DF COMA SEVERAL HOURS BEFORE DEATH Upon Approach of Dissolution, Members of Family Forced to Leave Dying Financier. MISTAKE IN BRINGING HIM TO NOISY HOTEL Unable to Assimilate Artificial Nourishment, No Response to Injections For Heart. Rome.—J. Pierpont Morgan, the American financier, died at five min utes past twelve o'clock noon today (6:05 a. m., New York time.) When the death of Mr. Morgan was seen to be approaching rapidly, Prof. Bastianelli and Dr. Dixon forced Mr, and Mrs. Herbert L. Satterlee, his son-in-law and daughter, and Miss Helen Hamilton, who had been in con stant attendance, to leave the room, Mr. Morgan toward the end showed that he was suffering Internally only bv a movement of his right hapd. Otherwise he displayed no signs of vi tality except by continuous heavy breathing. GAVE UP HOPE. Frequent bulletins were issued dur ing the morning showing that his con dition was gradually becoming worse and by eleven o’clock the physicians had given up all hope. Mr. Morgan Was unable to assimi late nourishment administered during the morning and his physical weak ness was extreme. Heart tonics were injected but had no effect and for sev eral hours before his death he was in a state of coma, unable to respond to any questions or ro recognize any of those at his bedside. One of his relatives, Mrs. Fltzsim mon, wife of the Rev. Fitzslmmon, arrived from Cannes and was shown into the death chamber, but her presence remained unknown to the dying man. OF GREAT ASSISTANCE. Besides the four trained nurses in attendance. Miss Helen Hamilton was of great assistance to the three phy sicians;, Prof. Guiseppe Bastianelli, Dr. M. Allen Starr and Dr. Geo. A. Dixon. During the morning, George Post Wheeler, secretary of the American embassy, called to make inquiries on behalf of the American ambassador, Thos. J .O’Brien and was told that Mr. Morgan had collapsed and that his condition had been rendered worse by increasing deafness. MISTAKE MADE. His arrival In Rome Mr. and Mrs. Herbert L. Satterlee had feared a mistake and in bringing Mr. Morgan to Rome Instead of tak ing him direct to London, where ho would have been in his own house in stead of a noisy hotel and they thought too that the climate of Rome was too mild and enervating for him in his condition of 111 health. CABLES POUR IN. Cable dispatches from America, Great Britain and other parts of the world poured In ail day, making anx ious Inquiries and expressing the af fection in which Mr. Morgan was held everywhere. The financier’s secretary found It impossible to reply to all the Inqui ries and Mr. and Mrs. Satterlee ex pressed the desire to inform the en quirers how touched they were at the manifestations of sympathy they had received. TO EMBALM BODY. Rome. —The body of the late J. Plerpont Morgan is to be embalmed and sent to the United States on board ship from Naples. A funeral service will be held here before its departure. EARTHQUAKE SHOCKS OF UNUSUAL INTENSITY Washington, D. C.—An earthquake of unusual intensity ’. a registered last night on the seismograph at Georgetown University. The princi pal tremor occurred at 11:25 al though the quakes lasted from 11:01 to 12:30 this morning. The disturb ance apparently was between 6,000 and 7,000 miles from Washington. AUGUSTA, GEORGIA. MONDAY AFTERNOON, MARCH 31. 1913. Photo of J. P. Morgan Taken As He Was Boarding Steamer On Last Trip to Europe HHe&%5& ■• :>• <?:;*s&s■<&£?s&&&*.■ ■ L. /I gS&fei |BW ' a i jjjf '•/ : |»t^«BßMß^mJ!^?»^aH»b< I '-'■ "v r , • >w!^^^3Mßmt'‘'y to WV'S* * Sffi»^^^-x<???^Sß2«S3^^i | «««3u^^w*'. v: '«w-^iijv-y-t-jSfcSsStiAaHl^SKSaKay^®^' <Jrir *%sca < < v . - liPs^wHSft 2§£|iSg| jHH j she MBi™rfi^ : : -- :^^^^WPffii S .fs^HE^ jHgltfc; x&, t v «gBMBBESffI J. P. Morgans Life in Tabloid John Pierpont Morgan, banker and financier, was born at Hart ford, Conn., April 17, 1837. His father, Junius Spencer Morgan, and his mother, Juliet Pier pont, were descendants of old New England stock. Both were noted families. He was educated, first In the public schools, of Hartford, later graduated front a Boston high school, and flninshed his studies at the University of Goettingen, Germany. He was an ordinary scholar, evi dencing no brilliant streaks of mentality. Entered banking house of Duncan, Sherman & Co., as a clerk In 1857. Became United States agent for London banking firm of George Peabody & Co., of which his father was a member, In 1860. Married Amelia Louise Sturges, 1861—died 1862. Married Louise Tracy 1865. Had one son and three daughters. Became member of respective firms of Dabney, Morgan & Co. and Drexel, Morgan & Co., in 1864 and 1871. The latter firm became J. P. Morgan & Co. Floated bond issue of $200,000,000 during President Celevland’s administration. Organized and floated securities U. S. Steel Corporation 1901, capital $1,100,000,000. Secured American subscriptions to British war loan of 1901 amounting to $50,000,000. Controlled 50,000 miles of railways, large American and British ocean transportation lines and English traction railways. Gave $1,500,000 for site and buildings for lylng-ln hospital In New York. Other benefactions total millions. Twice won the international yacht races with the yacht Colum bia, which he caused to be built. Checked a disastrous panic in 1907 by personally taking hold of the situation and dumping millions of dollars into the New York stock exchange. Testified before the Pujo committee in 1913 that there was no “Money Trust” and could be none. Made famous collections of paintings, bronzes and antique art, including the famous Gainsborough painting which he later turned over to the Metropolitan Museum of Art In New York City. Personally he was gruff, all business, and kept a string on every venture he was concerned In. LMUEBURG UNDER WATER: BUILDINGS SWEPT AWAY IFIRE Lawrenceburg, Ind,—Practically the whole of this city is under water today and more than 50 buildings are reported to have been carried away. The Knippenzurg Carriage Factory burned here during the night. Owing to the warnings of the flood danger, however, it is not believed there will be any loss of life here. * During the fire the factory buildings were torn from their founda tions and carried about five squares by which time the buildings had burned to the water's edge. The water 'upply is plentiful for those refugees who fled to the highlands, but It Is not believed there is suffi cient food for more than two days, o hand. TOOO, CLOTHING SUFFICIENT AT DITTO!; HEED MDBET, THOUGH Funds Required to Put City In Condition to Prevent Out break of Serious Disease. COMMISSION FORM GOV’T ’TIL NORMAL CONDITIONS Spat Between the Councilmen. Millionaire in Bread Line gets 3 Loaves and Sack Potatoes. Dayton, O—Jno H Patterson, chair man of (he citizen’s relief committee, issued the following statement today regarding conditions here: “Our committee has now at its dis posal all the food and clothing neces sary to meet the loss of the sufferers of Daytcn. "Money, however, urgently is re quired for putting out city in a con dition to prevent the outbreak of ser ious disease, and to rehabilitate the thousands, many of whom have lost their homes entirely and all of whom have lost their household and per sonal effect. URGENT APPEALS. “The committee wlsheß to send out an urgent appeal to the citizens of tile United States for the necessary funds. All contributions should be sent direct to W. F. Blppus, who has been api ointed treasurer of the relief committee. Mr. Blppus will send re ceipts for all moneys received." A meeting cf the members of the relief committee with members of the city council was called for this after noon. On Saturday the counsel dis cussed a request, from the relief com mittee that SIOO,OOO be diverted rrom the sinking fund of the city to the relief fund. VIGOROUS PROTEST Councilman Harry Klein and Gns Happel protested vigorously and made numerous remarks derogatory to the relief committee and Its motive accusing members cf the latter, among other things of trying to steal the city government. Under the present reign of martial law modified into a sort, of commis sion government, the city adminis tration Is without authority and there is a well defined movement on t.o re tain the “commission” form of gov ernment until the city has recovered from the flood. IN BREAD LINE Today’s meeting was called In the Interests of harmony. In the bread line today was Eugene J. Barney, a multi-millionaire, whose gifts to charity have been large and recently Included $25,000 to the Y. M. C. A. of this city. He obtained three loaves of bread and small sack of po tatoes. What Lincoln Said About Fooling The People By JOHN P. FALLON. “You can fool all of the peo ple some of the time, and some of the people all of the time, but not all of the people ail of the time.” The object of these little talks on this page ever day is to keep all of THE HERALD'S readers from being fooled. So many have been fooled from purchas ing unknown qualities and deal ing with unscrupulous mer chants that The Herald has as sumed the responsibility of pro tecting its readers from the fraud and faker. You can help THE HERALD In the movement by helping yourself—by purchasing every thing you require for person or home from the reliable mer chants who advertise in THE HERALD. THE HERALD is ever on the alert to reject frau dulent and fake adv<- '..,ing, and endeavors, so far as It is able, to protect you from purchasing unreliable goods. Make THE HERALD your shopping and buying guide. De pend upon it to show you where to buy and what to buy. Read its advertisements closely and constantly every night and pat ronize the. honest and reliable merchants who address you through its advertising columns. FEAR WORST FLOOD OF OHIO AND MISSISSIPPI Thousands Have Already Left Lowlands For Refuge On Higher Ground. Louis ville, Covington, Evansville, Hunting ton, Portsmouth and Parkersburg Pre paring. State Troops Ordered to Patrol Levees At Cairo and Shaw neetown. Appeal Sent to President Wilson For Help. The Property Damage Has Already Run Into Millions. Floods In the Ohio river from It s mouth to Marietta, Ohio due to the great volume of water poured Into it during the past week, by its tribu taries have caused thousands of people to leave the lowlands and seek refuge tin higher ground. Early today (lie water Is still rising and at every city along the river heavy damage to property Is reported. Rail road traffic hus been impaired and many miles of track washed out. ORDER STATE TROOPS. In Illinois Gov. Dunne has ordered 1,500 state troops to proceed by special trains to Cairo and Bhawneetown for the purpose of patrolling the levees. Hundreds of laborers have also been sent to pile sacks of sand on the levees. Reports early today from Henderson, Owensboro, Louisville, New port and Covington, Ky., Evansville, Ind., Cincinnati, Portsmouth, Mari etta Ohio, Hungtlngton and Parkersburg, W. Va., shows that stocks of goods In buildings near the river have suffered heavily and that the dam age will run Into the millions. BELOW DYKE TOP? There hns been no loss of llle at any of these points. A a telephone message irom Cairo Ills., early today showed that the levees were still holding and that the town was In less danger than be lieved last night, The water was still several feet below the lops of the dikes. APPEAL TO PRESIDENT Cajro, Ills.—-The Cairo executive flood committee last night sent an appeal to President Wilson, asking for aid for Cairo and towns nearby. The message whm follows: "The worst flood ever known in the Ohio Valley and Mississippi Val ley is now expected. All previous high water records at Cairo south may be broken in a few days. Wo are making every effort in our pow er to take care of local situation, but the river communities near us should have assistance. Boats, socks, food and other supplies are need ed. May we not have the help of your great office for this district?” CINCINNATI WITHIN 2 FEET OF HECORD; PANIC IN EXPLOSION Cincinnati, Ohio.—Spreading over a vasit expanse of territory in this city as well as an almost, equal amount, in the various towns that He «lor.y the river on the Kentucky shore, tile Ohio, which at. this point at noon was within two feet of being as high as at any previous time in its history, this morning continued to rise. HEARD FOR MILES During the night the central part of this city was thrown Into a somi panie by an explosion that could be heard for lulled. The Union Carbide Company, at Pearl an/l Kim streets, FEEDING 5,000 HOMELESS AT HONTINGTON; WABASH RISING Huntington, W. V. (via telephone to Pittsburg.)j—The Ohio river became stationary here soon after midnight and at noon was falling slowly. Re lief committees took up the work of feeding and caring for five thousand homeless this morning and this eve ning there will he little suffering. Gov. Hatfield returned to Charleston early today when assured that con ditions here would not. become worse. Reports from Catlettsburg and Ash land, Ky., and Tronton, Ohio, are that conditions are even worse than they SEARCHING FDR BODIES UNDER HUGE PILES COLUMBUS DEBRIS Columbus, Ohio.—Secretary of War Garrison arrived here shortly after 11 o’clock today and Immediately went into conference with Gov. Cox re garding the flood situation In Ohio. BODIES RECOVERED. Columbus, Ohio.—With a total of 67 bodies recovered, most of them identified as having been among the missing since the flood waters of the Scioto river wrought havoc In the west side of this* 1 city, efforts to re cover bodies Believed to have been swept down by the swift current were continued today. It was planned to explore sections that for five days have been Inundated In the expecta tion that bodies might he found be neath the huge piles of wreckage. HEAVY DRAIN. Although there was a heavy drain on the food supply of the city yes terday and early today, many of the groceries of tho elty being "sold out, It was stated tills morning thpt ef forts to prevent a food famine would he successful because of outside re DAILY AND SUNDAY. $6.00 PER YEAR. had been destroyed by an explosion caused supposedly by the carbide coming in contact with so much water No en< was Injured as the building was not occupied and Is practically Isolated. At 69.3. The river reached the stage of 69.3 feet at noon today and continued to rise at the rate of two-tenths of a foot every two hours. The crest of the. present flood In expocted to be reached sometime late today. It Is not believed the state will go above 70 feet and that by tomorrow the Waters will begin to recede. are here. The property lons through out this entire section of the Ohio valley will be enormous. Unprecedented Stage*. Indianapolis, Ind.—Reports today from Indiana elties tell of unprece dented stages of the Wabash river and hundreds are being driven from their homes. Railroad lines through southern counties are covered with water and operation Is suspended while the river Is wild to be 40 mllgs whl" between Upton. Ind., and CarmL Ills. lief that has reached the city. The Organized effort to relieve the suffer era In the district that was flooded and to supply them with food and provisions are believed by the au thorities to have met the demands. MEMBERS 'MONEY TRUST C’MTEE ON MORGAN PEATR Washington, D.C.—Surprise was ex pressed by members of the "money trust” committee, now In Washington that Mr. Morgan's breakdown should have been attributed by his physi cians to the effects of the Pujo In quiry. When the banker appeared before the committee December IS and 19, he was apparently in good health and his bearing was confident and self possessed. “Mr. Morgan seemed to enjoy the Investigation," said Representative Hayes of California today. “He seem ed entirely at ease and under no un usual strain."